Canada’s second-largest grocery chain, Sobeys, has posted second quarter profit of C$46.6m (US$29.9m), a significant rise from $35.1m in the second quarter of the previous year.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The company, which operates under the Sobeys, Price Chopper and Garden Market banners, reported sales for the quarter up almost 7.7% to $2.61bn.


Sobeys opened or replaced seven corporate and franchised stores during the quarter, as well as expanding one store.


The company said it was on track to meet or even exceed its fiscal 2003 sales growth forecast of between 6% and 8%, as well as its earnings per share growth forecast of between 12% and 16%, reported Reuters.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now